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MLS ID: A11946637
List Price: $ 699 000
Sold Price: $ 460 000 (-34%)
Status: Closed
List date: 01/16/2026
Closing Dt: 03/04/2026
Days on Market: 47
Sell $ 165 per SqFt
4990 NW 31st Ave, Miami
#MLS: A11946637
$ 699 000
Listing date01/16/2026
CityMiami, FL 33142
Address4990 NW 31st Ave
Area2794 sqft
Tax/year$ 9 435
Built year1972
Bedrooms3
Bathrooms2 / 1
Garagetak (2)

Developers Dream: Huge Miami Home in an Up-and-Coming Neighborhood with Buildable Lot Next Door Included !
Rare once-in-a-lifetime developer special in one of Miamis fastest-rising neighborhoods. This oversized 2,800 sq. ft. single-family home with garage sits directly across from an elementary school, offering strong appeal for future homeowners or tenants.
What makes this opportunity truly exceptional is the deed-included adjacent lot, zoned for single-family construction. Youre getting two properties in one dealrenovate and modernize the existing spacious home while building a brand-new single-family residence next door, or hold both as the area continues to appreciate.
The main home is solid with generous layout but ready for modern updates. The roof is borderline, priced accordingly, making this a clear investor and developer opportunity with major upside.
Opportunities like this are rarely available in Miami: a huge house, a buildable lot, and a growing neighborhood all in one package. Ideal for redevelopment, resale, or long-term investment. Bring your vision and maximize the potential.

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